Kuwait Real GDP Growth
1971 - 2019 | Yearly | % | CEIC Data
The Gross Domestic Product (GDP) in Kuwait expanded 0.4 % YoY in Dec 2019, following a growth of 1.2 % in the previous year. Real GDP Growth YoY data in Kuwait is updated yearly, available from Dec 1971 to Dec 2019, with an average rate of 2.9 %. The data reached an all-time high of 82.8 % in Dec 1992 and a record low of -41.0 % in Dec 1991. CEIC calculates Real GDP Growth from annual Real GDP. Central Statistical Bureau provides Real GDP in local currency, at 2010 prices. Real GDP Growth prior to 2011 is sourced from the International Monetary Fund.
In the latest reports, Nominal GDP of Kuwait reached 134.8 USD bn in Dec 2019. Its GDP deflator (implicit price deflator) fell 4.1 % in Dec 2019. GDP Per Capita in Kuwait reached 30,436.7 USD in Dec 2018. Its Gross Savings Rate was measured at 36.1 % in Dec 2018.
What was Kuwait's Real GDP Growth in 2019?
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
|
0.4 % 2019 yearly 1971 - 2019 |
1.2 % 2018 yearly 1971 - 2019 |
-41.0 1991 |
82.8 1992 |
% |
yearly |
1971 - 2019 Updated on 16 Apr 2020 |
Real GDP Growth by Country Comparison
| Country/Region | Last | Frequency | Range |
|---|---|---|---|
| Albania (%) |
-0.6 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| Algeria (%) |
0.8 2019 |
yearly |
2000 - 2019 |
| Argentina (%) |
-0.5 Dec 2019 |
quarterly |
Mar 2005 - Dec 2019 |
| Armenia (%) |
3.8 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Australia (%) |
1.4 Mar 2020 |
quarterly |
Sep 1960 - Mar 2020 |
| Austria (%) |
-2.6 Mar 2020 |
quarterly |
Mar 1989 - Mar 2020 |
| Azerbaijan (%) |
-0.5 Dec 2019 |
quarterly |
Mar 2001 - Dec 2019 |
| Bahrain (%) |
-1.1 Mar 2020 |
quarterly |
Mar 2009 - Mar 2020 |
| Belarus (%) |
-0.2 Mar 2020 |
quarterly |
Mar 2006 - Mar 2020 |
| Belgium (%) |
-14.5 Jun 2020 |
quarterly |
Mar 1996 - Jun 2020 |
| Bolivia (%) |
0.6 Mar 2020 |
quarterly |
Mar 1991 - Mar 2020 |
| Bosnia and Herzegovina (%) |
2.0 Mar 2020 |
quarterly |
Mar 2009 - Mar 2020 |
| Botswana (%) |
2.6 Mar 2020 |
quarterly |
Mar 1995 - Mar 2020 |
| Brazil (%) |
-0.2 Mar 2020 |
quarterly |
Mar 1997 - Mar 2020 |
| Brunei (%) |
2.4 Mar 2020 |
quarterly |
Mar 2005 - Mar 2020 |
| Bulgaria (%) |
2.4 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Cambodia (%) |
7.1 2019 |
yearly |
1994 - 2019 |
| Canada (%) |
-0.9 Mar 2020 |
quarterly |
Mar 1962 - Mar 2020 |
| Chile (%) |
0.5 Mar 2020 |
quarterly |
Mar 1987 - Mar 2020 |
| China (%) |
3.2 Jun 2020 |
quarterly |
Mar 1992 - Jun 2020 |
| Colombia (%) |
0.4 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Croatia (%) |
0.4 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Cyprus (%) |
0.8 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Czech Republic (%) |
-2.0 Mar 2020 |
quarterly |
Mar 1997 - Mar 2020 |
| Denmark (%) |
-0.2 Mar 2020 |
quarterly |
Mar 1992 - Mar 2020 |
| Ecuador (%) |
-2.4 Mar 2020 |
quarterly |
Mar 1994 - Mar 2020 |
| Egypt (%) |
5.0 Mar 2020 |
quarterly |
Sep 2002 - Mar 2020 |
| Estonia (%) |
4.0 Dec 2019 |
quarterly |
Mar 1996 - Dec 2019 |
| European Union (%) |
-14.4 Jun 2020 |
quarterly |
Mar 1996 - Jun 2020 |
| Finland (%) |
-4.4 Mar 2020 |
quarterly |
Mar 1976 - Mar 2020 |
| France (%) |
-19.0 Jun 2020 |
quarterly |
Mar 1950 - Jun 2020 |
| Georgia (%) |
2.2 Mar 2020 |
quarterly |
Mar 1998 - Mar 2020 |
| Germany (%) |
-2.3 Mar 2020 |
quarterly |
Mar 1992 - Mar 2020 |
| Greece (%) |
-0.9 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Hong Kong SAR, China (%) |
-8.9 Mar 2020 |
quarterly |
Mar 1991 - Mar 2020 |
| Hungary (%) |
2.0 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Iceland (%) |
-0.4 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| India (%) |
3.1 Mar 2020 |
quarterly |
Jun 2005 - Mar 2020 |
| Indonesia (%) |
-5.3 Jun 2020 |
quarterly |
Mar 1994 - Jun 2020 |
| Iran (%) |
-12.1 Mar 2019 |
quarterly |
Jun 1989 - Mar 2019 |
| Ireland (%) |
4.5 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Israel (%) |
0.7 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Italy (%) |
-17.3 Jun 2020 |
quarterly |
Mar 1982 - Jun 2020 |
| Ivory Coast (%) |
7.4 2018 |
yearly |
1966 - 2018 |
| Japan (%) |
-1.9 Mar 2020 |
quarterly |
Mar 1956 - Mar 2020 |
| Jordan (%) |
1.3 Mar 2020 |
quarterly |
Mar 1993 - Mar 2020 |
| Kazakhstan (%) |
4.9 Dec 2019 |
quarterly |
Mar 2006 - Dec 2019 |
| Kenya (%) |
5.1 Mar 2020 |
quarterly |
Mar 2010 - Mar 2020 |
| South Korea (%) |
-3.0 Jun 2020 |
quarterly |
Mar 1961 - Jun 2020 |
| Kosovo (%) |
1.3 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Kuwait (%) |
0.4 2019 |
yearly |
1971 - 2019 |
| Kyrgyzstan (%) |
4.5 Dec 2019 |
quarterly |
Mar 2007 - Dec 2019 |
| Laos (%) |
6.2 2018 |
yearly |
2003 - 2018 |
| Latvia (%) |
-9.6 Jun 2020 |
quarterly |
Mar 1996 - Jun 2020 |
| Lebanon (%) |
-1.9 2018 |
yearly |
2005 - 2018 |
| Lithuania (%) |
-3.7 Jun 2020 |
quarterly |
Jun 1995 - Jun 2020 |
| Luxembourg (%) |
-0.2 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Macau SAR, China (%) |
-48.7 Mar 2020 |
quarterly |
Mar 2002 - Mar 2020 |
| North Macedonia (%) |
0.2 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Malawi (%) |
4.0 2018 |
yearly |
2003 - 2018 |
| Malaysia (%) |
3.6 Dec 2019 |
quarterly |
Mar 2001 - Dec 2019 |
| Malta (%) |
0.5 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Mauritius (%) |
-2.0 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Mexico (%) |
-18.9 Jun 2020 |
quarterly |
Mar 1981 - Jun 2020 |
| Moldova (%) |
0.9 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Mongolia (%) |
-10.7 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Montenegro (%) |
2.7 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Morocco (%) |
0.1 Mar 2020 |
quarterly |
Mar 2008 - Mar 2020 |
| Myanmar (%) |
6.8 2018 |
yearly |
2012 - 2018 |
| Nepal (%) |
2.3 2020 |
yearly |
1961 - 2020 |
| Netherlands (%) |
-0.4 Mar 2020 |
quarterly |
Mar 1997 - Mar 2020 |
| New Zealand (%) |
-0.2 Mar 2020 |
quarterly |
Jun 1983 - Mar 2020 |
| Nigeria (%) |
1.9 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Norway (%) |
1.8 Dec 2019 |
quarterly |
Mar 1979 - Dec 2019 |
| Oman (%) |
-0.8 2019 |
yearly |
1999 - 2019 |
| Pakistan (%) |
3.3 2019 |
yearly |
2001 - 2019 |
| Panama (%) |
3.3 Dec 2019 |
quarterly |
Mar 2008 - Dec 2019 |
| Paraguay (%) |
3.5 Mar 2020 |
quarterly |
Mar 1995 - Mar 2020 |
| Peru (%) |
-3.4 Mar 2020 |
quarterly |
Mar 1981 - Mar 2020 |
| Philippines (%) |
-16.3 Jun 2020 |
quarterly |
Mar 1999 - Jun 2020 |
| Poland (%) |
1.7 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Portugal (%) |
1.8 Jun 2019 |
quarterly |
Mar 1996 - Jun 2019 |
| Qatar (%) |
0.9 Mar 2020 |
quarterly |
Mar 2012 - Mar 2020 |
| Romania (%) |
2.7 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| Russia (%) |
1.6 Dec 2019 |
quarterly |
Mar 1996 - Dec 2019 |
| Saudi Arabia (%) |
-1.0 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Serbia (%) |
4.5 Sep 2019 |
quarterly |
Mar 1997 - Sep 2019 |
| Singapore (%) |
-0.7 Mar 2020 |
quarterly |
Mar 1976 - Mar 2020 |
| Slovakia (%) |
-3.8 Mar 2020 |
quarterly |
Mar 1994 - Mar 2020 |
| Slovenia (%) |
-3.4 Mar 2020 |
quarterly |
Mar 1996 - Mar 2020 |
| South Africa (%) |
-0.3 Mar 2020 |
quarterly |
Mar 1961 - Mar 2020 |
| Spain (%) |
-22.1 Jun 2020 |
quarterly |
Mar 1996 - Jun 2020 |
| Sri Lanka (%) |
-1.6 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| Sudan (%) |
5.6 2018 |
yearly |
1983 - 2018 |
| Sweden (%) |
-8.2 Jun 2020 |
quarterly |
Mar 1982 - Jun 2020 |
| Switzerland (%) |
-1.5 Mar 2020 |
quarterly |
Mar 1966 - Mar 2020 |
| Syria (%) |
-1.5 2017 |
yearly |
1961 - 2017 |
| Taiwan (%) |
1.9 Mar 2020 |
quarterly |
Mar 1983 - Mar 2020 |
| Tajikistan (%) |
7.2 Sep 2019 |
quarterly |
Mar 2000 - Sep 2019 |
| Thailand (%) |
-1.8 Mar 2020 |
quarterly |
Mar 1994 - Mar 2020 |
| Tunisia (%) |
-1.5 Mar 2020 |
quarterly |
Mar 2001 - Mar 2020 |
| Turkey (%) |
4.5 Mar 2020 |
quarterly |
Mar 1999 - Mar 2020 |
| Ukraine (%) |
1.5 Dec 2019 |
quarterly |
Mar 2002 - Dec 2019 |
| United Arab Emirates (%) |
1.7 2019 |
yearly |
2002 - 2019 |
| United Kingdom (%) |
-1.6 Mar 2020 |
quarterly |
Mar 1956 - Mar 2020 |
| United States (%) |
-9.5 Jun 2020 |
quarterly |
Mar 1948 - Jun 2020 |
| Uruguay (%) |
-1.4 Mar 2020 |
quarterly |
Mar 1998 - Mar 2020 |
| Venezuela (%) |
-26.8 Mar 2019 |
quarterly |
Mar 1998 - Mar 2019 |
| Vietnam (%) |
7.0 2019 |
yearly |
2005 - 2019 |
| Yemen (%) |
-10.0 2017 |
yearly |
1991 - 2017 |
Kuwait Key Series
| National Accounts | Last | Frequency | Range |
|---|---|---|---|
| Nominal GDP (USD mn) |
134,754.6 2019 |
yearly |
1962 - 2019 |
| Real GDP Growth (%) |
0.4 2019 |
yearly |
1971 - 2019 |
| Nominal GDP Growth (%) |
-3.676 2019 |
yearly |
1963 - 2019 |
| GDP per Capita (USD) |
30,436.744 2018 |
yearly |
1993 - 2018 |
| GDP Deflator Growth (%) |
-4.1 2019 |
yearly |
2001 - 2019 |
| Private Consumption Expenditure (USD mn) |
55,117.834 2018 |
yearly |
1962 - 2018 |
| Private Consumption: % of GDP (%) |
39.2 2018 |
yearly |
1962 - 2018 |
| Public Consumption Expenditure (USD mn) |
31,871.013 2018 |
yearly |
1962 - 2018 |
| Public Consumption: % of GDP (%) |
22.7 2018 |
yearly |
1962 - 2018 |
| Investment: % of GDP (%) |
25.2 2018 |
yearly |
1962 - 2018 |
| Gross National Product (USD mn) |
159,279.667 2018 |
yearly |
1964 - 2018 |
| Gross Savings Rate (%) |
36.1 2018 |
yearly |
1970 - 2018 |
| Forecast: GDP PPP Per Capita (PPP Intl $) |
73,018.029 2024 |
yearly |
1980 - 2024 |
| Forecast: Nominal GDP Per Capita (USD) |
30,257.042 2024 |
yearly |
1980 - 2024 |
| Forecast: Real GDP Growth (%) |
3.437 2021 |
yearly |
1980 - 2021 |
| Total Trade of Goods & Services: % of Nominal GDP (%) |
100.486 2018 |
yearly |
1962 - 2018 |
| GDP: Final Consumption (KWD mn) |
26,266.448 2018 |
yearly |
1962 - 2018 |
| GDP: Final Consumption: Government (KWD mn) |
9,623.513 2018 |
yearly |
1962 - 2018 |
| GDP: Final Consumption: Private (KWD mn) |
16,642.935 2018 |
yearly |
1962 - 2018 |
| GDP: Gross Capital Formation (GCF) (KWD mn) |
10,706.144 2018 |
yearly |
1962 - 2018 |
| GDP: Exports (KWD mn) |
24,091.737 2018 |
yearly |
1962 - 2018 |
| GDP: Imports (KWD mn) |
18,589.475 2018 |
yearly |
1962 - 2018 |
| GDP: 2010p: Final Consumption (KWD mn) |
21,246.484 2018 |
yearly |
2010 - 2018 |
| GDP: 2010p: Final Consumption: Government (KWD mn) |
7,865.439 2018 |
yearly |
2010 - 2018 |
| GDP: 2010p: Final Consumption: Private (KWD mn) |
13,381.045 2018 |
yearly |
2010 - 2018 |
| GDP: 2010p: Gross Capital Formation (KWD mn) |
9,334.477 2018 |
yearly |
2010 - 2018 |
| GDP: 2010p: Exports (KWD mn) |
24,329.589 2018 |
yearly |
2010 - 2018 |
| GDP: 2010p: Imports (KWD mn) |
15,647.706 2018 |
yearly |
2010 - 2018 |
| Real GDP Growth (%) |
-1.008 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| GDP per Capita: KWD (KWD) |
9,190.433 2018 |
yearly |
1964 - 2018 |
| GDP Deflator: 2010p (2010=100) |
103.776 2019 |
yearly |
2010 - 2019 |
| GDP Deflator Growth (%) |
-7.898 Mar 2020 |
quarterly |
Mar 2011 - Mar 2020 |
| GDP: Gross National Product (KWD mn) |
48,094.800 2018 |
yearly |
1964 - 2018 |
| GDP: National Disposable Income (KWD mn) |
40,298.454 2018 |
yearly |
1970 - 2018 |
| GDP: Net Saving (KWD mn) |
14,032.006 2018 |
yearly |
1970 - 2018 |
| Production | Last | Frequency | Range |
|---|---|---|---|
| Industrial Production Index Growth (%) |
-10.0 Mar 2017 |
monthly |
Jan 1966 - Mar 2017 |
| Minerals Production (Metric Ton) |
151,211,100.000 2018 |
yearly |
2009 - 2018 |
| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance (USD mn) |
-10,753.192 2017 |
yearly |
1988 - 2017 |
| Tax Revenue (USD mn) |
128.142 Dec 2015 |
monthly |
Sep 2003 - Dec 2015 |
| Tax Revenue: % of GDP (%) |
1.4 2017 |
yearly |
1986 - 2017 |
| National Government Debt (USD mn) |
4,768.2 May 2020 |
monthly |
Dec 1993 - May 2020 |
| Government Debt: % of GDP (%) |
5.1 2019 |
yearly |
1989 - 2019 |
| Forecast: Government Expenditure (KWD bn) |
26.756 2024 |
yearly |
1990 - 2024 |
| Forecast: Government Net Debt (KWD bn) |
18.893 2024 |
yearly |
1991 - 2024 |
| Forecast: Government Revenue (KWD bn) |
27.105 2024 |
yearly |
1990 - 2024 |
| Government Expenditure: Capital (KWD mn) |
226.000 2016 |
yearly |
1989 - 2016 |
| Government Expenditure: Current (KWD mn) |
12,125.900 2016 |
yearly |
1989 - 2016 |
| Government Revenue (KWD mn) |
13,633.900 2016 |
yearly |
1987 - 2016 |
| Government Revenue: Tax (KWD mn) |
486.000 2016 |
yearly |
1987 - 2016 |
| Government Surplus/Deficit (KWD mn) |
-3,247.800 2018 |
yearly |
1989 - 2018 |
| Government Expenditure (KWD mn) |
18,245.900 2016 |
yearly |
1989 - 2016 |
| Public Debt (KWD mn) |
1,572.300 Apr 2020 |
monthly |
Dec 1993 - Apr 2020 |
| Demographic and Labour Market | Last | Frequency | Range |
|---|---|---|---|
| Population (Person mn) |
4.6 2018 |
yearly |
1990 - 2018 |
| Labour Force Participation Rate (%) |
73.5 2019 |
yearly |
1990 - 2019 |
| Employed Persons (Person) |
2,729,500.000 2018 |
yearly |
1999 - 2018 |
| Unemployment Rate (%) |
2.09 2018 |
yearly |
1999 - 2018 |
| Labour Productivity Growth (%) |
-1.21 2019 |
yearly |
1996 - 2019 |
| Forecast: Population (Person mn) |
5.394 2024 |
yearly |
1980 - 2024 |
| Forecast: Employment (Person mn) |
0.000 |
yearly |
- |
| Forecast: Unemployment Rate (%) |
1.087 2018 |
yearly |
1981 - 2018 |
| Population: Annual (Person th) |
4,621.638 2018 |
yearly |
1990 - 2018 |
| Population: Kuwaiti (Person) |
1,386,363.000 2018 |
yearly |
1999 - 2018 |
| Population: Non Kuwaiti (Person) |
3,177,606.000 2018 |
yearly |
1999 - 2018 |
| Vital Statistics: Natural Increase Rate (‰) |
13.050 2017 |
yearly |
2008 - 2017 |
| Labour Force (Person) |
2,787,826.000 2018 |
yearly |
1999 - 2018 |
| Labour Force: Kuwaiti: Male (Person) |
227,964.000 2018 |
yearly |
1999 - 2018 |
| Labour Force: Kuwaiti: Female (Person) |
216,314.000 2018 |
yearly |
1999 - 2018 |
| Labour Force: Non Kuwaiti: Male (Person) |
1,877,988.000 2018 |
yearly |
1999 - 2018 |
| Labour Force: Non Kuwaiti: Female (Person) |
465,560.000 2018 |
yearly |
1999 - 2018 |
| Employment (Person) |
2,729,500.000 2018 |
yearly |
1999 - 2018 |
| Employment: Kuwaiti: Male (Person) |
200,990.000 2018 |
yearly |
1999 - 2018 |
| Employment: Kuwaiti: Female (Person) |
189,949.000 2018 |
yearly |
1999 - 2018 |
| Employment: Non Kuwaiti: Male (Person) |
1,873,692.000 2018 |
yearly |
1999 - 2018 |
| Employment: Non Kuwaiti: Female (Person) |
464,869.000 2018 |
yearly |
1999 - 2018 |
| Unemployment (Person) |
58,326.000 2018 |
yearly |
1999 - 2018 |
| Unemployment: Kuwaiti: Male (Person) |
26,974.000 2018 |
yearly |
1999 - 2018 |
| Unemployment: Kuwaiti: Female (Person) |
26,365.000 2018 |
yearly |
1999 - 2018 |
| Unemployment: Non Kuwaiti: Male (Person) |
4,296.000 2018 |
yearly |
1999 - 2018 |
| Unemployment: Non Kuwaiti: Female (Person) |
691.000 2018 |
yearly |
1999 - 2018 |
| Domestic Trade and Household Survey | Last | Frequency | Range |
|---|---|---|---|
| Number of Registered Vehicles (Unit) |
2,203,723 2018 |
yearly |
1995 - 2018 |
| Motor Vehicles Sales (Unit) |
113,000 2019 |
yearly |
2005 - 2019 |
| Motor Vehicles Sales Growth (%) |
9.5 2019 |
yearly |
2006 - 2019 |
| Motor Vehicle Sales: Commercial Cars (Unit) |
14,407.000 Dec 2019 |
semiannually |
Dec 2005 - Dec 2019 |
| Motor Vehicle Sales: Passenger Cars (Unit) |
98,593.000 Dec 2019 |
semiannually |
Dec 2005 - Dec 2019 |
| Inflation | Last | Frequency | Range |
|---|---|---|---|
| Consumer Price Index CPI Growth (%) |
1.8 Jun 2020 |
monthly |
Jul 1992 - Jun 2020 |
| CPI: Food and Non Alcoholic Beverage Change (%) |
3.142 Jun 2020 |
monthly |
Jan 2001 - Jun 2020 |
| Producer Price Index Growth (%) |
0.7 Mar 2020 |
monthly |
Jan 1974 - Mar 2020 |
| Forecast: Consumer Price Index Growth (%) |
2.300 2021 |
yearly |
1980 - 2021 |
| Wholesale Price Index (2007=100) |
137.900 Mar 2020 |
monthly |
May 2011 - Mar 2020 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Trade Balance (USD mn) |
461.1 May 2020 |
monthly |
Jan 1993 - May 2020 |
| Total Exports (USD mn) |
13,141.3 Mar 2020 |
quarterly |
Mar 1973 - Mar 2020 |
| Total Exports Growth (%) |
-18.9 Mar 2020 |
quarterly |
Mar 1974 - Mar 2020 |
| Aluminum: Exports (USD th) |
11,068.522 2018 |
yearly |
1995 - 2018 |
| Exports: Medicament (USD th) |
50,878.382 2018 |
yearly |
1995 - 2018 |
| Exports: Medicinal and Pharmaceutical Product (USD th) |
1,823.350 2018 |
yearly |
1995 - 2018 |
| Total Imports (USD mn) |
7,375.5 Mar 2020 |
quarterly |
Mar 1973 - Mar 2020 |
| Total Imports Growth (%) |
-12.1 Mar 2020 |
quarterly |
Mar 1974 - Mar 2020 |
| Forecast: Exports of Goods Growth (%) |
1.859 2024 |
yearly |
1980 - 2024 |
| Imports: Medicament (USD th) |
1,001,282.192 2018 |
yearly |
1995 - 2018 |
| Imports: Medicinal and Pharmaceutical Product (USD th) |
343,695.648 2018 |
yearly |
1995 - 2018 |
| Total Exports to USA (USD mn) |
0.346 Apr 2020 |
monthly |
Jan 1973 - Apr 2020 |
| Total Imports from USA (USD mn) |
195.185 Mar 2020 |
monthly |
Jan 2017 - Mar 2020 |
| Total Imports from China (USD mn) |
328.656 Mar 2020 |
monthly |
Jan 2017 - Mar 2020 |
| Trade Balance: Quarterly (KWD mn) |
2,789.603 Dec 2018 |
quarterly |
Mar 1973 - Dec 2018 |
| Trade Balance (KWD mn) |
142.390 May 2020 |
monthly |
Jan 1993 - May 2020 |
| Exports: SITC: Food and Live Animals (KWD mn) |
39.900 Sep 2018 |
quarterly |
Sep 2014 - Sep 2018 |
| Exports: SITC: Other Manufactured Articles (KWD mn) |
36.800 Sep 2018 |
quarterly |
Sep 2014 - Sep 2018 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Current Account Balance (USD mn) |
33,789.5 2019 |
yearly |
1975 - 2019 |
| Current Account Balance: % of GDP (%) |
25.1 2019 |
yearly |
1975 - 2019 |
| Foreign Direct Investment (USD mn) |
675.5 2019 |
yearly |
2009 - 2019 |
| Foreign Direct Investment: % of GDP (%) |
0.5 2019 |
yearly |
2009 - 2019 |
| Foreign Portfolio Investment (USD mn) |
693.528 Dec 2019 |
quarterly |
Mar 2012 - Dec 2019 |
| Foreign Portfolio Investment: % of GDP (%) |
2.018 Dec 2019 |
quarterly |
Mar 2012 - Dec 2019 |
| Foreign Portfolio Investment: Equity Securities (USD mn) |
15.485 Dec 2019 |
quarterly |
Mar 2012 - Dec 2019 |
| Foreign Portfolio Investment: Debt Securities (USD mn) |
678.043 Dec 2019 |
quarterly |
Mar 2012 - Dec 2019 |
| External Debt (USD mn) |
31,146.3 2010 |
yearly |
1997 - 2010 |
| External Debt: % of GDP (%) |
50.8 2019 |
yearly |
2014 - 2019 |
| Direct Investment Abroad (USD mn) |
681.3 Dec 2019 |
quarterly |
Mar 2012 - Dec 2019 |
| Net International Investment Position (USD mn) |
115,210.882 2019 |
yearly |
2001 - 2019 |
| Forecast: Current Account Balance (USD bn) |
5.274 2024 |
yearly |
1980 - 2024 |
| BoP: FA: Portfolio Investment: Liabilities: Debt Instruments (KWD mn) |
0.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Assets (KWD mn) |
-36.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Assets (KWD mn) |
-1,260.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: CA: Debit (KWD mn) |
0.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: Portfolio Investment: Liabilities (KWD mn) |
10.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: Capital Account: Debit (KWD mn) |
5.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: CA: Primary Income: Debit (KWD mn) |
0.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: Net Errors and Omissions (KWD mn) |
493.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: Reserve Assets: Central Bank of Kuwait (CBK) (KWD mn) |
448.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: Other Investments (OT) (KWD mn) |
-1,407.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: Financial Derivatives: Liabilities (KWD mn) |
40.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: OT: Assets (KWD mn) |
-2,795.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: FA: OT: Liabilities (KWD mn) |
1,389.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| BoP: CA: Secondary Income: Credit (KWD mn) |
0.000 Sep 2018 |
quarterly |
Mar 2012 - Sep 2018 |
| Number of Investment Companies (Unit) |
58.000 Apr 2020 |
monthly |
Mar 2005 - Apr 2020 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Money Supply M1 (USD mn) |
41,103.115 May 2020 |
monthly |
Jan 1994 - May 2020 |
| Money Supply M2 (USD mn) |
127,959.698 May 2020 |
monthly |
Jan 1994 - May 2020 |
| M2 Growth (%) |
3.3 May 2020 |
monthly |
Jan 1995 - May 2020 |
| Foreign Exchange Reserves (USD mn) |
41,800.6 May 2020 |
monthly |
Jan 1964 - May 2020 |
| Foreign Exchange Reserves: % of GDP (%) |
27.780 2019 |
yearly |
1962 - 2019 |
| Foreign Exchange Reserves: Months of Import (NA) |
15.1 Mar 2020 |
quarterly |
Mar 1973 - Mar 2020 |
| Gold Reserves (USD mn) |
102.959 May 2020 |
monthly |
Dec 1961 - May 2020 |
| Non Performing Loans Ratio (%) |
1.6 2018 |
yearly |
1998 - 2018 |
| Household Debt: % of GDP (%) |
24.2 2019 |
yearly |
1997 - 2019 |
| Total Deposits (USD mn) |
144,838.159 May 2020 |
monthly |
Jan 1994 - May 2020 |
| Total Deposits Growth (%) |
2.703 May 2020 |
monthly |
Jan 1995 - May 2020 |
| Domestic Credit (USD mn) |
107,190.7 May 2020 |
monthly |
Jan 1994 - May 2020 |
| Domestic Credit Growth (%) |
-2.0 May 2020 |
monthly |
Jan 1995 - May 2020 |
| Household Debt (USD mn) |
62.8 May 2020 |
monthly |
Jan 2002 - May 2020 |
| Total Loans (USD mn) |
127,152.307 May 2020 |
monthly |
Jan 1994 - May 2020 |
| Total Loans Growth (%) |
4.508 May 2020 |
monthly |
Jan 1995 - May 2020 |
| Private Debt: % of Nominal GDP (%) |
94.56 Mar 2020 |
quarterly |
Dec 2010 - Mar 2020 |
| Money Supply: M3 (KWD mn) |
38,766.900 Apr 2020 |
monthly |
Jan 1994 - Apr 2020 |
| Monetary Survey: CBK and Local Banks: Money Supply M2: M1 (KWD mn) |
12,691.500 May 2020 |
monthly |
Jan 1994 - May 2020 |
| Money Supply: M3: M2: M1: Currency in Circulation (KWD mn) |
2,347.400 Apr 2020 |
monthly |
Jan 1994 - Apr 2020 |
| Monetary Survey: CBK and Local Banks: Money Supply M2 (KWD mn) |
39,510.400 May 2020 |
monthly |
Jan 1994 - May 2020 |
| Local Banks Time Deposits (KWD mn) |
36,318.500 Apr 2020 |
monthly |
Jan 1994 - Apr 2020 |
| Interest and Foreign Exchange Rates | Last | Frequency | Range |
|---|---|---|---|
| Bank Lending Rate (% pa) |
4.084 Apr 2020 |
monthly |
Apr 1979 - Apr 2020 |
| Exchange Rate against USD (KWD/USD) |
0.307 Jul 2020 |
monthly |
Jan 1957 - Jul 2020 |
| Policy Rate (% pa) |
1.50 Jul 2020 |
monthly |
Jul 1999 - Jul 2020 |
| Short Term Interest Rate (% pa) |
1.63 Jul 2020 |
monthly |
Nov 2001 - Jul 2020 |
| Overnight Rate: Central Bank of Kuwait (% pa) |
10.000 Jul 2020 |
monthly |
Nov 2001 - Jul 2020 |
| Deposits Rate: Weighted Average (% pa) |
1.658 Apr 2020 |
monthly |
Jan 2003 - Apr 2020 |
| Lending Rate: Weighted Average (% pa) |
4.084 Apr 2020 |
monthly |
Mar 2003 - Apr 2020 |
| Foreign Exchange Rate: Average: Euro (KWD/1000 EUR) |
336.408 Apr 2020 |
monthly |
Feb 2001 - Apr 2020 |
| Foreign Exchange Rate: End of Period: US Dollar (KWD/USD) |
0.303 Dec 2018 |
monthly |
Dec 1993 - Dec 2018 |
| Energy | Last | Frequency | Range |
|---|---|---|---|
| Electricity Production (GWh) |
4,097 Dec 2018 |
monthly |
Jan 2003 - Dec 2018 |
| Natural Gas Production: OPEC: Marketed Production (Cub m mn) |
13,952.000 2019 |
yearly |
1960 - 2019 |
| Natural Gas: Imports (Cub m mn) |
4,418.000 2018 |
yearly |
1975 - 2018 |
| Natural Gas: Consumption (Cub ft/Day bn) |
2.275 2019 |
yearly |
1965 - 2019 |
| Crude Oil: Production (Barrel/Day th) |
2,103.000 Jun 2020 |
monthly |
Jan 2002 - Jun 2020 |
| Crude Oil: Exports (Barrel/Day th) |
1,986.320 2019 |
yearly |
1980 - 2019 |
| Oil Consumption (Barrel/Day th) |
426.595 2019 |
yearly |
1965 - 2019 |
| Tourism | Last | Frequency | Range |
|---|---|---|---|
| Visitor Arrivals (Person) |
12,316 Dec 2017 |
monthly |
Jan 1997 - Dec 2017 |
| Visitor Arrivals Growth (%) |
-32.8 Dec 2017 |
monthly |
Jan 1998 - Dec 2017 |
| Tourism Revenue (USD mn) |
919 2018 |
yearly |
1995 - 2018 |
| Tourism Revenue Growth (%) |
42.9 2018 |
yearly |
1996 - 2018 |
| Visitor Arrivals: GCC: United Arab Emirates (Person) |
112,457.000 2018 |
yearly |
2001 - 2018 |
| Visitor Arrivals: GCC: Bahrain (Person) |
231,964.000 2018 |
yearly |
2001 - 2018 |
| Visitor Arrivals: GCC: Saudi Arabia (Person) |
3,580,402.000 2018 |
yearly |
2001 - 2018 |
| Visitor Arrivals: GCC: Qatar (Person) |
130,810.000 2018 |
yearly |
2001 - 2018 |
| Visitor Arrivals: GCC: Kuwait (Person) |
4,071,667.000 2018 |
yearly |
2000 - 2018 |
| Visitor Departures (Person) |
12,447,512.000 2018 |
yearly |
1996 - 2018 |
| Visitor Departures: GCC: Kuwait (Person) |
4,074,541.000 2018 |
yearly |
1996 - 2018 |
| Visitor Departures: GCC: United Arab Emirates (Person) |
112,673.000 2018 |
yearly |
2001 - 2018 |
| Visitor Departures: GCC: Bahrain (Person) |
231,778.000 2018 |
yearly |
2001 - 2018 |
| Visitor Departures: GCC: Oman (Person) |
42,663.000 2018 |
yearly |
2001 - 2018 |
| Visitor Departures: GCC: Qatar (Person) |
127,313.000 2018 |
yearly |
2001 - 2018 |
| Length of Stay: Hotel (Night) |
25,768.000 Dec 2017 |
monthly |
Jan 1997 - Dec 2017 |
| Number of Hotels (Unit) |
90.000 2017 |
yearly |
1964 - 2017 |
| Number of Hotel Rooms (Unit) |
6,294.000 2017 |
yearly |
1964 - 2017 |
| Financial Market | Last | Frequency | Range |
|---|---|---|---|
| Equity Market Index (29Dec1993=1000) |
6,633.4 Mar 2018 |
monthly |
Jun 2001 - Mar 2018 |
| Market Capitalization: % of GDP (%) |
87.5 2019 |
yearly |
2000 - 2019 |
| Market Capitalization: KSE (KWD) |
28,310,645,934.335 Jul 2020 |
monthly |
Apr 2005 - Jul 2020 |
| Trading Value: Boursa Kuwait (BK) (KWD) |
204,776,610.51 May 2018 |
monthly |
Apr 2018 - May 2018 |
| Trading Volume: Boursa Kuwait (BK) (Unit) |
1,198,027,674.00 May 2018 |
monthly |
Apr 2018 - May 2018 |
| Number of Listed Companies: Boursa Kuwait (BK) (Unit) |
175.00 May 2018 |
monthly |
Apr 2018 - May 2018 |
| Transport and Telecommunications | Last | Frequency | Range |
|---|---|---|---|
| Motor Vehicle Registered (Unit th) |
1,876.188 2015 |
yearly |
2005 - 2015 |
| Container Port Throughput (TEU) |
3,099,345.000 2018 |
yearly |
2008 - 2018 |
| Liner Shipping Connectivity Index (2004=100) |
11.440 2018 |
yearly |
2004 - 2018 |
| Number of Subscriber Fixed Line (Unit) |
515,542.000 2018 |
yearly |
1960 - 2018 |
| Number of Subscriber Mobile (Person) |
7,099,848.000 2018 |
yearly |
1960 - 2018 |
| Teledensity: Fixed Line (Number) |
12.461 2018 |
yearly |
1960 - 2018 |
| Teledensity: Mobile (Number) |
171.605 2018 |
yearly |
1960 - 2018 |
| Exports: ICT Goods (USD th) |
144,964.537 2018 |
yearly |
2000 - 2018 |
| Exports: Telecommunication Equipment (USD th) |
106,295.681 2018 |
yearly |
1995 - 2018 |
| Exports: Television (USD th) |
4,444.313 2018 |
yearly |
1995 - 2018 |
| Imports: ICT Goods (USD th) |
2,571,033.731 2018 |
yearly |
2000 - 2018 |
| Imports: Telecommunication Equipment (USD th) |
1,732,429.360 2018 |
yearly |
1995 - 2018 |
| Imports: Television (USD th) |
155,431.963 2018 |
yearly |
1995 - 2018 |
| No of Registered Vehicles: in Use (Unit) |
2,075,475.000 2018 |
yearly |
1965 - 2018 |
| No of Registered Vehicles: in Use: Private (Unit) |
1,659,340.000 2018 |
yearly |
1965 - 2018 |
| No of Registered Vehicles: New (Unit) |
150,526.000 2018 |
yearly |
1993 - 2018 |
| Air Transport: No of Passengers: Kuwait International Airport (Person) |
1,203,697.000 Dec 2018 |
monthly |
Jan 2004 - Dec 2018 |
| Air Transport: Freight Movements: Kuwait International Airport (kg) |
22,611,976.000 Dec 2018 |
monthly |
Jan 2004 - Dec 2018 |
| Maritime Transport: Vessels Arrivals: Kuwait Ports: Cargo (Unit) |
677.000 Dec 2018 |
monthly |
Jan 2002 - Dec 2018 |